1 Amendments of Guy VERHOFSTADT related to 2021/2251(INI)
Amendment 380 #
Motion for a resolution
Paragraph 36 f (new)
Paragraph 36 f (new)
36 f. Considers an immediate and temporary ban of all fossil fuel imports from Russia a strategic and moral obligation and clear signal towards Putin's regime to stop the war in Ukraine; points out that such action carries significant costs, which will affect Member States to different degrees, depending on their fiscal space, energy dependence, and trade balance with Russia; holds that, even while the Next Generation EU funds have not yet been fully exhausted, the protection of the fiscal space of severely affected Member States requires a new EU Unity Fund, financed by raising grants and loans at the EU-level; suggests an allocation proportionally to the effects of the war, sanctions and energy supply disruptions on Member States’ economy with the aim of investing in energy efficiency and independence and of shielding people and businesses from severe socio-economic impacts;